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Uttar Pradesh set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur
Uttar Pradesh set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur

Time of India

time11 hours ago

  • Automotive
  • Time of India

Uttar Pradesh set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur

The Uttar Pradesh government on Monday said it is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing with an investment of around Rs 700 crore. Under the Kanpur Metropolitan Development Vision - 2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen along the dedicated freight corridor, according to an official statement. "With an estimated cost of Rs 700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India's EV ecosystem," the statement said. Play Video Play Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 30:17 Loaded : 1.69% 00:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 30:17 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ads By Google Ad will close in 28 Skip ad in 3 Skip Ad by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I Replaced My Sonicare Toothbrush with TAO. I Love It! Taoclean Learn More Undo "The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing," it added. The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Live Events Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established, according to the statement. A dedicated research and development (R&D) centre will be a vital part of the project, driving innovation and facilitating advanced product development. This R&D unit is expected to contribute not only to local progress but also to the global advancement of EV technologies, it added. The government believes the establishment of the EV park will not only position Kanpur as an EV manufacturing hub, but will also significantly boost the state's economy. "Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components. This will create fresh opportunities for local entrepreneurs, startups, and generate substantial employment," it said. Its proximity to the dedicated freight corridor gives the park a strategic advantage in terms of logistics and connectivity. Well-connected by rail and road networks, it will facilitate smooth transportation of raw materials and finished goods, the statement added.

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